Examples of Centerbridge Parties in a sentence
Centerbridge shall not be entitled to designate any individuals in accordance with this Section 1(d) if at any time the Centerbridge Parties beneficially own, directly or indirectly, less than fifteen percent (15%) of the issued and outstanding shares of Class A Common Stock (including for this purpose the Underlying Class A Shares).
Subject to Section 12, for the avoidance of doubt, the rights and obligations (i) of the Centerbridge Parties under this Agreement shall terminate upon the Centerbridge Parties ceasing to own any shares of Class A Common Stock or Class B Common Stock and (ii) of NVX Holdings under this Agreement shall terminate upon NVX Holdings ceasing to own any shares of Class A Common Stock or Class B Common Stock.
The first two areas are believed to be temporary issues due to the high level of change that the organisation is currently facing.
Xxxxxxxxx Xxxxx Xxxx, Xxxxx 000 Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 Attn: General Counsel Fax: (000) 000-0000 With a copy (which shall not constitute notice) to: Fried, Frank, Harris, Xxxxxxx & Xxxxxxxx LLP Xxx Xxx Xxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxxxx Xxxxxxx Fax: (000) 000-0000 (iii) if to the Centerbridge Parties: Centerbridge Partners, L.P. 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxxxxx X.
Each of the Appaloosa Parties, the Centerbridge Parties, the Owl Creek Parties, and the Aurelius Parties, and certain funds managed by such parties.
For more detailed information regarding the Rights Offering, see the Section V.H, as well as the Plan.Pursuant to the Plan, and as further described therein and below in Section V.H, any shares of Additional Common Stock not purchased by holders of Allowed Claims with Subscription Rights pursuant to the Rights Offering will be purchased by the Backstop Purchasers - one or more funds managed by the Appaloosa Parties, the Centerbridge Parties, the Owl Creek Parties, and the Aurelius Parties.
The Contractor and its subcontractors, agents, and representatives shall also have access to any documents, materials, records and accounts that are necessary for the design and construction of the Plant that are in possession of the Client.